What is the standard process from start to finish so we can eliminate as much risk as possible?

You probably don't run many applications, so I wouldn't sweat losing a little money on each one.

So I've been wanting too go out a network with investors and loaners/lenders but I don't know if their is any events that is real estate and commercial real estate investing based events in DC, does anyone know any events in the DMV that is good too join?

You aren’t creating new deductions, you’re simply pulling them forward so you’ll have less deductions in the future.

Thanks so much!

Tim, thank you so much for the thoughtful response here.

That's a typical scenario and could cost you $10,000 - $15,000 so that would be a good starting point for your reserve.But there's more!

@Shiloh Lundahl I will do value add specifically with ADU development, so I am tracking permits to find other ADU developments and overall inventory growth to find a competitive edge with supplying demand in areas lacking larger residential developers aka "the middle housing"@Arlem Garcia Interesting, Tariffs will play a big role in supply chains, so it will be interesting to see how governments come to resolutions@Henry Clark Absolutely, imo gone are the days of investing for cashflow or appreciation, now it's about aligning long-term strategies with lifestyle 

Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.

So, I would also include a workstation in a nook or a bedroom upstairs.2.